Industrial Development Corporation (IDC)
OpenWomen Entrepreneurship Fund (IDC)
Funding amount
R1 million to R30 million
IDC has earmarked approximately R9 billion to invest in women-led businesses. The fund supports women entrepreneurs across sectors with concessional finance, equity, and blended funding instruments.
Who qualifies
Business must be majority women-owned (25%+ women shareholding considered under revised terms). Women must be involved in operations and management. Total asset base must not exceed R80 million. Open to businesses across all sectors. South African registered.
Documents needed
- CIPC registration certificate
- Proof of majority women ownership
- SARS tax compliance certificate
- Business plan
- Financial statements or projections
- B-BBEE certificate
Women-owned
Always verify eligibility and deadlines on the official source before applying.